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Govt needs $27 billion to fund ZimAsset – official

Govt needs $27 billion to fund ZimAsset – official

The government needs at least $27 billion to fund projects it has planned under its five-year economic blue print, the Zimbabwe Agenda for Sustainable Socio-economic Transformation (ZimAsset), but remains vague about sources of funding, an official has said. “To total financial requirement for ZimAsset is $27 billion up to 2018 with…

Global metal price slump hits Zimplats, profits down 48 percent

Global metal price slump hits Zimplats, profits down 48 percent

imbabwe Platinum Mines (Zimplats) on Monday reported a 48 percent drop in operating profit in the quarter to December 31, hit by poor metal prices, lower sales volumes and higher operating costs. Zimplats, the country’s largest miner, said revenue decreased by 13 percent to about $126 million, from the previous…